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Numerai Announces $1M Strategic Buyback Of NMR
This story was originally published on HackerNoon at: https://hackernoon.com/numerai-announces-$1m-strategic-buyback-of-nmr.
Crowdsourced Hedge Fund Announces Strategic Token Buyback as Meta Model Leads Amid AUM Growth
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Numerai, the decentralized hedge fund powered by crowdsourced machine learning, today announced plans to buy back $1 million of its token, Numeraire (NMR), from the open market. The buyback reflects Numerai’s continued investment in its staking ecosystem, a mechanism that aligns thousands of global data scientists with the long-term performance of its hedge fund.
Published on 3 months, 2 weeks ago